CKD/SKD air-conditioner components classifiable with finished units by essential character; prior advance ruling extended three years, FTA benefits po...
Scope of judicial review under Article 226: supervisory, not appellate; factual reappraisal barred, challenge dismissed; insolvency professional dutie...
Courier transshipment of imported goods via named carrier to air cargo stations renewed until 30.01.2026; exemption conditional, strict controls apply...
HC held that once a valid declaration under SVLDRS was filed and a Discharge Certificate issued, all tax dues for the relevant period stood settled, absent any allegation of falsity, misstatement or suppression. The subsequent demand of interest and penalty by letters and show cause notices, despite such discharge, was held to be ex facie contrary to Sections 124, 126, 128 and 129 of the Finance Act, 2019 and violative of Article 265. HC directed the revenue authority to treat the petitioner's declaration under the "investigation" category and extend the consequential statutory reliefs. The impugned demands were quashed and the petition allowed.
HC held that once a valid declaration under SVLDRS was filed and a Discharge Certificate issued, all tax dues for the relevant period stood settled, absent any allegation of falsity, misstatement or suppression. The subsequent demand of interest and penalty by letters and show cause notices, despite such discharge, was held to be ex facie contrary to Sections 124, 126, 128 and 129 of the Finance Act, 2019 and violative of Article 265. HC directed the revenue authority to treat the petitioner's declaration under the "investigation" category and extend the consequential statutory reliefs. The impugned demands were quashed and the petition allowed.
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